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Suryoday Small Finance Bank

JEYPORE LR BRANCH

IFSC CODE
SURY0000056
MICR Code 764757103
Branch Code 000056
City / District KORAPUT
State ODISHA
Office Address 1ST FLOOR,ABOVE ANDHRA BANK,MAIN ROAD,JEPORE,KORAPUT
Phone Not Available
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Understanding IFSC Code: The Digital DNA of Suryoday Small Finance Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the JEYPORE LR branch of Suryoday Small Finance Bank, the code SURY0000056 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SURY0000056 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SURY" represents Suryoday Small Finance Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for JEYPORE LR

Payment Systems Supported by SURY0000056

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—764757103—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Suryoday Small Finance Bank in KORAPUT typically follows the RBI holiday calendar. Digital transfers via SURY0000056 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SURY0000056 is the valid code for JEYPORE LR at KORAPUT, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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